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DirecTV pink-slipping 10 percent of workforce

DirecTV operator Hughes Electronics said Friday that it plans to lay off about 10 percent of its workforce. “It’s a really sluggish economy and we’re heavily into consumer businesses,” Hughes spokesman Richard Dore told Bloomberg News. “DirecTV has not been getting the number of new subscribers it has in the past and we just need to get our costs under control.” The move is also expected to strengthen the hand of Hughes, which is currently involved in merger talks with Rupert Murdoch’s News Corp and rival satellite operator EchoStar.

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